GOP Sen. Burr, already under fire for selling stocks before crash, raises eyebrows with 2017 house sale

Richard Burr.
(Image credit: Alex Wong/Getty Images)

Sen. Richard Burr (R-N.C.) is under a lot of scrutiny these days.

That's mostly because he sold stock holdings following a congressional briefing from the Centers for Disease Control and Prevention about the COVID-19 coronavirus back in February before the market plummeted (Burr has denied he was acting upon any privileged information), but now some ethics experts are concerned about the sale of his Washington, D.C., home in 2017, ProPublica reports.

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However, real estate agents said gauging market value can be a challenge, and that it may have been sold at a fair price. A spokesman for Green provided ProPublica with an analysis showing similar homes in the area were sold in the general price range around the same time. It was also sold off-market, which can sometimes lead to higher sales because buyers don't want to compete with anyone else. Read more at ProPublica.

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Tim O'Donnell

Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.